Iowa Gas Average Falls 11 Cents to $4.23 a Gallon, AAA Says

DES MOINES, Iowa — The average price of regular unleaded gasoline in Iowa fell 11 cents from last week to $4.23 a gallon on Wednesday, according to AAA.

Iowa’s average is $1.40 higher than a year ago but 20 cents below the national average of $4.43, which fell 31 cents from last week.

Diesel prices in Iowa also dropped, falling 15 cents this week to a statewide average of $6.13 a gallon. That is up from $3.50 a year ago and 28 cents below the national diesel average of $6.41.

On the crude oil market, West Texas Intermediate fell $1.24 this week to $91.40 a barrel. Brent crude rose $1 to $103.73 a barrel. A year ago, WTI sold for $63.17 and Brent for $68.52.

Des Moines terminal rack prices were $2.98 a gallon for E10 unleaded 87, $3.70 for clear unleaded 87, $4.89 for ultra-low sulfur diesel No. 2, $5.20 for ultra-low sulfur diesel No. 1 and $2.59 for E70.

Natural gas rose 1 cent at the Henry Hub reporting site to $3.01 per million British thermal units.

The report said retail heating oil and propane prices in Iowa will be included beginning next week.

Energy-saving tips for the road and home are available at Energy.gov and fueleconomy.gov.